Up to $30,000 wage subsidy for hiring young talent

Industrial Research Assistance Program (IRAP)

Type of Funding

Wage/Internship Subsidy

Max Funding

30,000.00

Region

Federal/National

Application Difficuty

Complex

Processing Time

Slow (A few months)

Province

All Of Canada

Industry

N/A

Funding Goals

Reduce pollution and/or improve energy efficiency.
RnD/Innovation/Develop a product or service.

Demographic

Youth.

Incorporated

Yes

Contact

1-877-994-4727

Get A Fast Business Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Wage funding assistance to offset the cost of hiring young talent (a post-secondary graduate between 15 to 30 years old) to work on projects with R&D, engineering, multimedia or market analysis or the development of a new product or process.

Eligibility

For small or medium-sized business (500 or fewer full-time equivalents), incorporated and for-profit, ready to enhance your innovation capacity.

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